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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300OpenAI Appoints Arvind KC as Chief People Officer: Why Organizational System Design Is Now a Strategic AI Priority
OpenAI has appointed Arvind KC as its new Chief People Officer (CPO), a move that signals a decisive shift in how leading AI companies are thinking about scale, governance, and long-term competitive advantage. In an era where artificial int
Venture CapitalOrijin Acquires Honest Jobs to Create the First End-to-End Education-to-Employment Pathway for Justice-Involved Individuals in the U.S.
Orijin has acquired Honest Jobs to build an end-to-end education-to-employment pathway for justice-involved individuals. The combined platform connects in-facility training with 300,000+ job openings from 1,500+ employers, expanding into pa
Product NewsDubai-Based RemotePass Launches SpendCards Across 150+ Countries
Dubai-based RemotePass has launched SpendCards, positioning itself as the first global payroll platform to offer corporate expense cards purpose-built for distributed international teams. The new feature addresses longstanding pain points f
Venture CapitalSan Francisco-based Deskless AI Platform Humand Raises $66M Series A
Humand, USD 66M, Series A, non-desk workers, HR platform, United States market, Sammy, AI HR assistant, mobile-first, all-in-one app, 1.6 million employees, 1,500 companies, 50 countries, Siemens, PSBank, Viva Aerobus, workforce management,
Product NewsRemoFirst Expands RemoVisa Service to Support Visa and Work Permit Applications in 110+ Countries
RemoFirst has expanded its RemoVisa service to support visa and work permit applications in more than 110 countries, strengthening its integrated Employer of Record (EOR) offering. The announcement, made from San Francisco on February 19, 2
Company NewsDailyPay Upsizes Secured Credit Facility to $960 Million
DailyPay announced a $200 million upsizing of its secured credit facility, increasing total committed capacity to $960 million and pushing its total debt financing backed by On-Demand Pay receivables above $1 billion. The expanded facility
EarningsTriNet Announces Fourth Quarter, Fiscal Year 2025 Results, and Full Year 2026 Guidance
TriNet reported FY2025 revenue of $5.010B (-1% YoY), with average WSEs down 5% to 333,886. Adjusted EBITDA reached $425M (8.5% margin) and Free Cash Flow rose 16% to $234M. FY2026 revenue guidance: $4.75B–$4.90B. Stock repurchase authorizat
Venture CapitalPhiladelphia-based Phenom Acquires Be Applied to Scale Skills-First Hiring with Cognitive AI
Phenom acquires Be Applied to embed adaptive cognitive assessments into its AI hiring platform. Enterprises can now validate skills at scale, reduce mis-hires (costing 30%+ of salary), and support skills-first hiring as 63% of employers cit
Company NewsHorizons Becomes Remote People, Shifting from EOR to End-to-End Global Employment
Horizons, a global Employer of Record provider, has rebranded as Remote People to reflect its evolution into a full-lifecycle global hiring platform. Headquartered in New York, the company now supports recruitment, compliant employment, con
Company NewsWorkday Announces CEO Transition as Co-Founder Aneel Bhusri Returns to Lead the Company's Next Chapter
Workday announced an immediate CEO transition as co-founder Aneel Bhusri returns to lead the company, replacing Carl Eschenbach , who steps down after guiding the business through global expansion and tighter operational discipline. Bhusri’
EarningsPaylocity Announces Second Quarter Fiscal Year 2026 Financial Results
Paylocity Holding Corporation (Nasdaq: PCTY) reported second quarter fiscal year 2026 results (quarter ended December 31, 2025), highlighting double-digit revenue growth and expanding profitability. Recurring & other revenue reached $387.0
Company NewsDeel Launches The Pitch, a $15M Global Tournament to Find the Next Generation of Borderless Founders
Deel launches The Pitch, a $15M global startup tournament. 20,000+ seed-stage startups, 7 regional finals, 100 winners get $50K each, and 10 global champions receive $1M. Backed by J.P. Morgan, a16z, Stripe. Final in May 2026. A merit-based
Venture CapitalBoston-based Pearl Meyer Acquires Ampersand Leadership Group, Expands Leadership Advisory Team by 60%
Pearl Meyer expands its Leadership Advisory practice via the acquisition of Ampersand Leadership Group and senior hires including David T. Clary. Team size grows 60%, strengthening services for private equity sponsors and portfolio compan
Company NewsFlorida-based Vidle.com Partners with LaborEdge to Launch Zero-Fee Healthcare Staffing Integration
Healthcare staffing platform Vidle.com has announced a strategic integration with LaborEdge, a leading applicant tracking system provider for healthcare staffing agencies, enabling seamless job distribution through NexusATS. Agencies using
Venture CapitalViventium Acquires NYC Hiring Platform Apploi to Build National Healthcare-Exclusive HCM
Viventium has acquired Apploi to form a healthcare-exclusive HCM platform integrating recruiting, credentialing, onboarding, payroll, and workforce management. The combined system supports ~800,000 employees and 9,000+ providers across all
Venture CapitalNew England AI Hiring Startup Boomband Raises $4.0M Seed Led by Boston Seed
Boomband has raised a $4.0 million seed round to launch an AI-native talent marketplace aimed at rehumanizing the hiring process. Founded by Jeff Taylor , creator of Monster.com , the company positions itself as a structural alternative to
Venture CapitalDayforce acquired for $12.3B by Thoma Bravo
Thoma Bravo has completed its acquisition of Dayforce in a transaction valued at approximately $12.3 billion, marking one of the largest private equity deals in the human capital management (HCM) sector. Under the terms, shareholders receiv
Company NewsWorkday Introduces the Military Skills Mapper to Help Organizations Better Recognize and Hire Veteran Talent
Workday launched Military Skills Mapper inside Workday Recruiting, translating military service into civilian skills for recruiters. 200,000+ service members transition yearly. Feature analyzes service history + job context to surface leade
Venture CapitalEverFi Spins Out ComplyEQ as Dedicated Human-Centered Workplace Compliance Brand
ComplyEQ officially launches as a standalone workplace compliance brand under EverFi, serving millions of learners with 30 years of experience. Its portfolio spans harassment prevention, DEI, workplace violence, AI, and privacy—aimed at tur
Venture CapitalVestwell Completes Accrue 401k Acquisition, Expanding Platform Capabilities
Vestwell completed its acquisition of Accrue 401k. Starting Jan 30, 2026, nearly 30,000 plans and ~350,000 savers will transition to its payroll-integrated savings platform. Plans connected to QuickBooks, Rippling, Paylocity, Deel, Square,
Product NewsWTW introduces Rewards AI with conversational analytics for modern rewards teams
Willis Towers Watson (WTW) has introduced Rewards AI, a generative AI-powered compensation intelligence platform designed to modernize how HR and rewards professionals analyze and act on pay data. Announced from New York, the solution combi
Venture CapitalWellfound Acquires Hirefly to Expand Agentic AI Recruiting Capabilities Across Inbound and Outbound Hiring
Wellfound acquires Hirefly, an agentic recruiting platform automating outbound sourcing and inbound application review. The move integrates Hirefly’s AI-first workflows and customer base across startups and enterprises, strengthening Wellfo
Product NewsFountain Reinvents the Frontline Worker Hiring Funnel with AI: ‘Pool’ and ‘Source’ to Help Employers Find Qualified Workers Faster and Lower Acquisition Costs Share
Fountain launched Pool and Source inside Frontline OS to help employers cut wasted recruiting spend. Powered by Anthropic’s Claude AI, the tools rediscover past applicants, automate outreach via email/SMS, and optimize sourcing budgets with
Venture CapitalHandshake Acquires Cleanlab to Strengthen AI Data Quality Capabilities, Accelerating Its Shift From Recruiting Platform to AI Infrastructure Provider
Handshake, the AI data-labeling startup best known for its origins as a college recruiting platform, has acquired data auditing company Cleanlab in a talent-focused deal aimed at strengthening its research and data quality capabilities, the
Venture CapitalSwitzerland & US AI Learning Startup Scholé AI Raises $3M Seed Funding to Close Enterprise AI Skills Gap
Scholé AI raised $3M led by ACE Ventures to scale its AI-native learning platform. Founded by EPFL researchers, it delivers personalized, role-based training embedded in daily workflows. Partners include Harvard, Bank of America, NASA, Micr
Product NewsADP Launches ADP Assist AI Agents Powered by 1.1M Clients and 42M Workers Globally
ADP launches new ADP Assist AI agents to automate payroll and HR tasks. Built on data from 1.1M clients across 140+ countries and 42M wage earners, the agents audit payroll variances, guide tax registration, answer policy questions and trig
EarningsADP Reports Q2 FY2026 Revenue of $5.4 Billion, Up 6% Year over Year
ADP Reports Second Quarter Fiscal 2026 Results •Revenues increased 6% compared to last year's second quarter to $5.4 billion; 5% organic constant currency •Net earnings increased 10% to $1.1 billion, and adjusted net earnings increased 10%
Venture CapitalAI Compensation Platform Compa Secures $35M Series B for Real-Time Pay Intelligence
Compa , an AI-driven compensation intelligence platform headquartered in Newport Beach, California, has raised $35 million in Series B funding led by Jump Capital, with participation from Crosslink Capital, Storm Ventures, Permanent Capital
Company NewsKorn Ferry Named as Founding Partner of LA28 Olympic and Paralympic Games
Korn Ferry (NYSE: KFY) becomes a Founding Partner of the LA28 Olympic & Paralympic Games, serving as Official Talent & Organizational Consulting Partner. The firm will hire, onboard, and develop a ~5,000-person workforce and support leaders
Venture CapitalMultiverse to deliver AI skills to 100,000 German workers through acquisition of StackFuel
Multiverse has acquired Berlin-based StackFuel to train 100,000 German workers in AI skills. StackFuel serves Mercedes Benz, IAV & Telefónica and reports a 92% completion rate. The deal expands Europe’s only EdTech unicorn deeper into Germa
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